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Sage Therapeutics Announces Discontinuation of Collaboration with Biogen on SAGE-324 Program
Sep 26, 2024•almost 2 years ago
Contract Type
partnership
Description
Sage Therapeutics, Inc. has announced the termination of its collaboration and license agreement with Biogen specific to the SAGE-324 program. Despite this discontinuation, both companies will continue to partner on ZURZUVAE (zuranolone) for the treatment of postpartum depression (PPD), aiming to support women suffering from PPD.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months